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The brokerage of AxisDirect ranges between 0.05% to 0.5%, the brokerage of Nuvama Wealth ranges between Rs 10, while the brokerage of Groww ranges between Rs 20. The broker Nuvama Wealth and Groww are a discount brokers where AxisDirect is a full service broker. Overall rating for AxisDirect is 3.5, Nuvama Wealth is rated 3.5, Groww is rated 4 out of 5.
Here we present side-by-side comparison of AxisDirect vs Nuvama Wealth vs Groww stock brokers in India. The comparison is based on more than 100+ attributes for each stock broker. To be precise, we have compared AxisDirect vs Nuvama Wealth vs Groww on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options services. This will help you in make up your mind and clear things for you so that you can choose the best broker to open your trading and demat account. You can get answer for general question like which is better AxisDirect vs Nuvama Wealth vs Groww in this setion with 360 degree view of broker information.
 AxisDirect |
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| Broker Type | Full Service Broker | Discount Broker | Discount Broker |
| Exchanges Supported | NSE, BSE | BSE, NSE, MCX, NCDEX | NSE, BSE |
| Broker Overview | Axis Direct is a leading player in the retail broking space. The 3-in-1 account with Axis Direct is a single platform to trade in different asset classes, access innovative Ring powerful-technology trading platform, quality research calls & advis...  |
One of the leading full-service brokerage firms with a long-standing track record since 2008 offering Free Nuvama Wealth Demat & Trading account + Trade at Rs. 10 flat brokerage charges + free experts research & advisory + Get access to the i... |
Groww is the top broker for beginners to invest in direct mutual funds for Free and trade in stocks at a Rs 20 flat fee! Also, its easy-to-use, crystal clear user interface, and safe & secure Groww app and web-based platform makes investing hassl... |
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In this section we have compared AxisDirect vs Nuvama Wealth vs Groww on trading & demat account opening charges and AMC. Trading account opening charges - Nuvama Wealth and Groww offer Free account opening where AxisDirect charges Rs 999 for account opeing. Demat AMC charges - AxisDirect charges Rs 750 PA (Free for 1st year) as AMC for Demat account, Nuvama Wealth charges Lite:Rs.300, Elite:Rs.500p.a. [Free 1st Year] AMC for Demat account, where Groww charges Free AMC for Demat account.
| Charges | AxisDirect | Nuvama Wealth | Groww |
|---|---|---|---|
| Trading Account Opening Fees | Rs 999 | Free | Free |
| Trading AMC | Free | Free | Free |
| Demat Account Opening Fees | Free | Free | Free |
| Demat AMC | Rs 750 PA (Free for 1st year) | Lite:Rs.300, Elite:Rs.500p.a. [Free 1st Year] | Free |
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Plans are the most important feature you look when compare AxisDirect vs Nuvama Wealth vs Groww. This section copare on high level about type of plans offered by brokers. Miltiple Plans - AxisDirect and Nuvama Wealth offers Multiple Plans where Groww doesn't offer. Monthlay Plans - All 3 brokers don't have Monthy Plans.
| Plan Types | AxisDirect | Nuvama Wealth | Groww |
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| Nuvama Wealth | Zerodha | Zerodha | |
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AxisDirect Brokerage Plan detail - Axis Direct has a fixed % based brokerage plan that charge a fixed brokerage fee on trading across segments.
Nuvama Wealth Brokerage Plan detail - This plan is available to Online users only. With this plan, Nuvama Wealth is preparing for competition with Discount brokers. Account opening is free and No Demat AMC with this plan.
Groww Brokerage Plan detail - Flat brokerage plan that charges Rs. 20 per order on trading in intraday segment whereas offers free delivery trading.
| Brokerage Charges Compare | AxisDirect | Nuvama Wealth | Groww |
|---|---|---|---|
| Plan Name | Fixed Brokerage Trading Plan (Percentage Based) | Nuvama Lite | Flat Brokerage Plan |
| Equity Delivery | 0.50% (Each leg) | Flat Rs. 10 per executed order | 0.05% or Rs 20 whichever is lower |
| Equity Intraday | 0.05% (Each leg) | Flat Rs. 10 per executed order | 0.05% or Rs 20 whichever is lower |
| Equity Futures | 0.05% (Each leg) | Flat Rs. 10 per executed order | Flat Fee Rs 20 |
| Equity Options | Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot | Flat Rs. 10 per executed order | Flat Fee Rs 20 |
| Currency Futures | 0.05% (Each Leg) | Flat Rs. 10 per executed order | Not Available |
| Currency Options | Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 p | Flat Rs. 10 per executed order | Not Available |
| Commodity Trading | Futures: 0.03% (Each leg)| Options: Rs. 50 per lot | 0.01% | Not Available |
| Minimum Brokerage | |||
| Hidden Charges | No | Info Not Available | |
| Call & Trade Charges | Free 20 calls per month, and after Rs. 20 per order | Rs 20 per call | Rs 50 Per Executable Order |
| Auto Square off Charges | 20 calls Free and after that Rs 20 per call | Rs 20 | Rs 50 Per Executable Order |
| Brokerage Calculator | Brokerage Calculator for AxisDirect | Brokerage Calculator for Nuvama Wealth | Brokerage Calculator for Groww |
Compare AxisDirect vs Nuvama Wealth vs Groww on transaction charges and PCM fee by segment.
| Transaction Charges Compare | AxisDirect | Nuvama Wealth | Groww |
|---|---|---|---|
| Equity Delivery | NSE:335 Per Cr | BSE:375 Per Cr | NSE:335 Per Cr | BSE:375 Per Cr | NSE:335 Per Cr | BSE:375 Per Cr |
| Equity Intraday | NSE:335 Per Cr | BSE:375 Per Cr | NSE:335 Per Cr | BSE:375 Per Cr | NSE:335 Per Cr | BSE:375 Per Cr |
| Equity Futures | NSE:200 Per Cr | BSE:FREE | NSE:200 Per Cr | BSE:FREE | NSE:200 Per Cr | BSE:FREE |
| Equity Options | NSE:5050 Per Cr | BSE:3700 Per Cr | NSE:5050 Per Cr | BSE:3700 Per Cr | NSE:5050 Per Cr | BSE:3700 Per Cr |
| Currency Futures | NSE:90 Per Cr | BSE:25 Per Cr | NSE:90 Per Cr | BSE:25 Per Cr | NSE:90 Per Cr | BSE:25 Per Cr |
| Currency Options | NSE:4000 Per Cr | BSE:100 Per Cr | NSE:4000 Per Cr | BSE:100 Per Cr | NSE:4000 Per Cr | BSE:100 Per Cr |
| Commodity | Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr | NA | |
| Brokerage Charges | Complete Brokerage Plans for axisdirect | Complete Brokerage Plans for nuvama-wealth | Complete Brokerage Plans for groww |
Compare AxisDirect vs Nuvama Wealth vs Groww on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - AxisDirect offers 3-in-1 Account where Nuvama Wealth and Groww offers only 2-in-1 account which includes trading and demat account. Margin Funding -All 3 brokers offers Margin funding. Interest need to be paid on borrowed money. NRI Trading - AxisDirect and Nuvama Wealth offers NRI Trading where Groww doesn't offers NRI Trading.
| Account Features Compare | AxisDirect | Nuvama Wealth | Groww |
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| 3 in 1 Account | |
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| Combined Ledger for Equity and Commodity | |
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| Intraday Square-off Time | 2:45 PM | 3:15PM | 3:10 PM |
| NRI Trading | |
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| Other Features | NIL | NIL | NIL |
With our expert research team, we have compared all the major features of Trading platform b/w AxisDirect vs Nuvama Wealth vs Groww. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided link for mobile app to download and demo links for easy access.
| AxisDirect | Nuvama Wealth | Groww | ||
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20 Customer Reviews
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20 Customer Reviews
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20 Customer Reviews
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| Overall Ratings | ||||
| Broker Rating | AxisDirect is Rated 0.7 / 5 based on 20 customer reviews | Nuvama Wealth is Rated 0.4 / 5 based on 20 customer reviews | Groww is Rated 1.7 / 5 based on 20 customer reviews |
Compare AxisDirect vs Nuvama Wealth vs Groww on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - All 3 brokers offers trading/investment in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - AxisDirect and Nuvama Wealth offers Commodity Trading where Groww doesn't offers Commodity Trading. Online Mutual Fund Investment - All 3 brokers offers online mutual fund investment. Portfolio Management Services (PMS) - Nuvama Wealth offers PMS facility where AxisDirect and Groww doesn't offers PMS facility.
| Investment Offerings Compare | AxisDirect | Nuvama Wealth | Groww |
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| Other Investment Options | NIL | NIL | NIL |
Compare AxisDirect vs Nuvama Wealth vs Groww on customer service offered by the broker. This section compare type of service offered by each broker for quick resoluation for queries/issue you have.
| Customer Service Compare | AxisDirect | Nuvama Wealth | Groww |
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| Customer Care Number | 022-61480808 | 1800 102 3335 | 9108800604 |
| Account Opening Process | Online | Online/Paperless | Online |
| Customer Support Email | [email protected] | [email protected] | [email protected] |
| Knowledge Center/Education | https://simplehai.axisdirect.in/learn/overview | https://www.nuvamawealth.com/investology | https://groww.in/academy |
| Head Office Address | Unit No. 2, Phoenix Market City, 15, LBS Road, Near Kamani Junction, Kurla (West), Mumbai- 400 070. |
Edelweiss House, Off CST Road, Kalina, Mumbai - 400098 |
Groww Head Office 1st Floor, Proms Complex, SBI Colony, 1 A Koramangala, 560034 |
| Website | https://simplehai.axisdirect.in | https://www.nuvamawealth.com/ | https://groww.in/ |
Compare AxisDirect vs Nuvama Wealth vs Groww on research reports and tips provided by broker.
| AxisDirect | Nuvama Wealth | Groww | |
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Compare AxisDirect vs Nuvama Wealth vs Groww on Demat Service and Charges. This section cover about demat charges, demat service and other details
| AxisDirect | Nuvama Wealth | Groww | |
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| DP Source | CDSL | CDSL | CDSL |
| DP ID | 49200 | 32300 | 88700 |
| Demat Account Annual Maintenance Charges(AMC) | ₹500 pa | Free (₹1500 one time charges) | Zero |
| Advance Deposit | Nil | NIL | Nil |
| Statutory charges | Nil | Nil | Legal Charges |
| Transaction Charges on Debit (Per ISIN) | ₹10 | 0.02% of transaction value or ₹20 per transaction whichever is higher | ₹8 + ₹5.50 CDSL charges |
| Demat | ₹3 per certificate | ₹2 per certificate + ₹30 courier charges | ₹150 per certificate + courier charges |
| Remat | ₹10 for every hundred securities (Min ₹10) | ₹10 for every hundred securities after that ₹10 per request + ₹30 request charges | ₹150 per certificate + courier charges |
| Pledge Creation | ₹25 | 0.02% of transaction value (Min ₹50) | ₹20 + Rs. 12 per request (CDSL Charges) |
| Pledge Creation Confirmation | ₹25 | Nil | ₹20 + Rs. 12 per request (CDSL Charges) |
| Pledge Closure | ₹25 | 0.02% of transaction value (Min ₹50) | ₹20 + Rs. 12 per request (CDSL Charges) |
| Pledge Closure Confirmation | ₹25 | Nil | ₹20 + Rs. 12 per request (CDSL Charges) |
| Pledge Invocation | Nil | 0.02% of transaction value (Min ₹50) | ₹20 + Rs. 12 per request (CDSL Charges) |
| Failed Instruction Charges | Nil | Nil | ₹50 |
| Other Charges |
Compare AxisDirect vs Nuvama Wealth vs Groww on general features, advantages, disadvantages, pay out options, payout time, bank supported and charges, special offers and promotion.
| AxisDirect | Nuvama Wealth | Groww | |
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| Special Offers/Promo | Get Axis Direct 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds. | ||
| Enquire for AxisDirect | Enquire for Nuvama Wealth | Enquire for Groww |
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